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FRZ Corporation uses job - order costing. At the beginning of the year, it made the following estimates: During the year, Job 5 5 0

FRZ Corporation uses job-order costing. At the beginning of the year, it made the following estimates:
During the year, Job 550 was started and completed. The following information pertains to this job:
Required:
Assume FRZ has historically used a plantwide predetermined overhead rate with direct labor-hours as the allocation base. Under
this approach:
a. Compute the plantwide predetermined overhead rate.
b. Compute the total manufacturing cost of Job 550.
c. If Landen uses a markup percentage of 200% of its total manufacturing cost, what selling price would it establish for Job 550?
Assume FRZ's controller believes that machine-hours is a better allocation base than direct labor-hours. Under this approach:
a. Compute the plantwide predetermined overhead rate.
b. Compute the total manufacturing cost of Job 550.
c. If Landen uses a markup percentage of 200% of its total manufacturing cost, what selling price would it establish for Job 550?
Note: Round your intermediate calculations to 2 decimal places. Round your Predetermined Overhead Rate answers to 2 decimal
places and all other answers to the nearest whole
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